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Barclays has begun shifting 40 to 50 investment banking jobs from Britain to Frankfurt as part of its plans to continue doing business after Brexit, a source familiar with the matter told Reuters.
The roles will technically be employed by the bank’s main European entity in Ireland, the source said, and form part of the 150-200 jobs that the British bank is transferring to that unit as it implements its Brexit plans.
A spokesman for Barclays declined to comment.
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